Experian explains that the average credit card balance among U.S. consumers was $6,730 as of Q3 2024, an increase of 3.5% ...

Credit card interest rates and balances have been on a roller coaster over the past several years, and inflation has been a key contributing factor. For example, in November 2024, the latest month for ...

With the Fed holding steady, credit card borrowers won’t see relief too soon, but high-yield savings accounts should stay ...

Commerzbank fell 6.2% to be on track for its worst day since September 2023. CEO Bettina Orlopp said the lender hasn't had ...

Capping credit card interest rates is starting to look like the hot policy idea of the season for populist lawmakers on both the left and right. This month, Rep. Alexandria Ocasio-Cortez, the ...

Interpreting patterns in consumers' credit card usage means understanding credit cards as two different products in one, according to West Virginia University economics research.

The Citi Flex Plan offers new options available to Citi® card holders that can help you pay down debt faster with fixed ...

New bipartisan legislation has been introduced to immediately enforce an interest rate cap of 10 percent on credit cards.

You won't get ongoing rewards or perks, but it's a terrific option for paying down debt or financing a large purchase. Many or all of the products on this page are from partners who compensate us ...

There are also situations where consumers carry debt on cards with sky-high rates even when low interest rate or 0 percent APR credit cards are available. Sixty-seven percent of Americans with ...

There's no credit check, no interest and no minimum required security deposit. The card lets you allocate money toward your credit limit; you can spend only as much as you put aside. The card is ...

People over 54 posted the smallest increase of just 1.3 per cent to $3,950. The credit card delinquency rate has also stayed around the 1 per cent to 3 per cent range across the age groups.